Kansas City Fed Services Survey: Revenue: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Kansas City Fed - Monthly
This series is part of the dataset: Kansas City Fed Services Survey
Download Full Dataset (.xlsx)Latest updates. According to recent survey data about services firms in the Tenth Federal Reserve District, the seasonally unadjusted diffusion index for revenue (share of CEOs seeing a future increase minus share forecasting a decrease) was 13.0 in September 2026, versus 7.0 in August 2026.
Sample. There are 153 observations in the monthly time series shown in the figure above. The series covers the time span stretching from January 2014 to September 2026.
History. Here's a glimpse of a few descriptive statistics calculated on the full sample: the diffusion index had a mean of 25.1; it recorded its maximum of 62.0 in April 2018; it recorded a minimum of -30.0 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 33.0000 |
| 2026-08-31 | 7.00000 |
| 2026-09-30 | 13.0000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will general revenue or sales increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading indicator of the business cycle |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | Federal Reserve Bank of Kansas City |
| Source type | Central bank |
| Data licence | Reproduction allowed subject to conditions |
| Other information | FS correspondence: Revenue |
| FSR temporal aggregation code | LM01 |
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